Reliance Controls Corporation

$542,300 PPP Loan in Racine, Wisconsin

Loan Details

Loan Number
3495187203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$542,300
Current Approval
$542,300
Forgiveness Amount
$547,753
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reliance Controls Corporation
Address
2001 Young Ct
City
Racine
ZIP Code
53404-1893
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
WI-01

Loan Use Breakdown

Payroll
$406,725
Utilities
$67,787
Mortgage Interest
$67,788

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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